Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
February 4, 2016
10 Tips for Hiring a Safe and Legal Tax Preparer
If your tax preparer is unethical and incorrectly prepares it for you, you could be liable for back taxes, penalties and even criminal punishment. That's why taxpayers need to do a little checking before having someone else do their taxes.
February 4, 2016
New Tax Law Offers More Benefits to Parents
It can costs hundreds of thousands of dollars to raise a child these days, but at least the tax law provides several benefits to parents. One such tax break, the child tax credit, allows you to claim a nonrefundable credit of up to $1,000, if you ...
February 4, 2016
Phishing Scams Target Taxpayers
Criminals pose as a person or organization you trust and/or recognize. They may hack an email account and send mass emails under another person’s name. They may pose as a bank, credit card company, tax software provider or government agency.
February 4, 2016
IRS Computers Go Down, E-File and Other Systems Affected
Several computer systems at the IRS went down on Wednesday, affecting E-filing, several professional tools and other systems.The systems were still down as of 6:30 pm. Eastern Time.
February 4, 2016
Georgia CPAs Gather at Capitol To Advocate Tax Policy
More than 100 members of The Georgia Society of Certified Public Accountants (GSCPA) recently met at the state capitol to share their thoughts on important issues facing the accounting profession with their elected officials.
February 3, 2016
Phone Scams Draw in Elderly Taxpayers
Adding to the confusion is that some of these calls are recorded and robot-generated, and others come from live callers. While many Americans are on to this scam, the elderly frequently find it unsettling, or even scary. Those who have no one to turn ...
February 3, 2016
The Worst Tax Penalties and How to Help Your Clients Avoid Them
It is important for us to keep in mind that tax responsibilities are not the first thing our busy clients are thinking about, and in many cases they are not on their radar at all.
February 2, 2016
IRS Warns Taxpayers About Phone Scams
The IRS has seen a surge of these phone scams as scam artists threaten police arrest, deportation, license revocation and other things. The IRS reminds taxpayers to guard against all sorts of con games that arise during any filing season.
February 1, 2016
AICPA Wants Changes to IRS Estate Tax Form and Instructions
The American Institute of CPAs (AICPA) has submitted comments to the Internal Revenue Service (IRS) and U.S. Department of the Treasury about IRS draft Form 8971, Information Regarding Beneficiaries Acquiring Property from a Decedent, and draft ...
February 1, 2016
IRS Lists Tax ID Theft As Top Concern
The IRS also joined with industry and states on a public awareness campaign to provide taxpayers with easy tips to better protect themselves. The “Taxes. Security. Together.” campaign includes YouTube videos, Tax Tips and fact sheets to help ...
January 31, 2016
Feb. 1 Is Last Day To File W-2s and 1099s
Businesses with employees or anyone who has contracted for more than $600 in work to a freelancer or subcontractor: you have until February 1, 2016, to provide the appropriate wage and income reporting form – a W-2 or 1099-MISC – to all recipients.
January 31, 2016
New Law Preserves Tax Breaks for Conservation Donations
Here’s one tax break that can extend as far as the eye can see: If a real estate owner donates a qualified conservation easement to charity, he or she can claim a deduction based on the value of the easement. In other words, the taxpayer realizes a ...